yes but perhaps not how you may think. it is not compatible with bitcoin/sha-256 asics. however, the blake algorithm is very efficient and would be relatively simple and inexpensive to implement in silicon (relative to scrypt for example). there are no asics for blake yet, however i believe there is some documentation available about implementing blake in asic. there is also fpga support for blakecoin, and my understanding is that fpgas are used for prototyping asic designs. so this is good because if blakecoin gains enough momentum to warrant asic production, it will result in extremely high hashrates with very low power draw (much better than possible with sha256 asics). hope that helps